brypto

Part of the reason why CT is in shambles right now is because it tends to be mostly geeks and mops, with sociopaths that come in waves (eg. SBF)

But this is the first time that the subculture has been “embraced” by a sociopath of this caliber

Half the crowd sees this as a good thing — a sign of growth and mainstream adoption to come! 

The other half sees a subculture that is being exploited and may not control the narrative anymore. And at worst may cease to exist in accordance to its founding values 

Ethereum in particular is in a tough place because it most embodies the eternalistic naïveté that draws meaning from the subculture. Whereas Solana early on embraced the nihilism that makes it attractive to sociopaths

I’m not exactly sure where we go from here, but I’m trying to hold onto the “beautiful New Thing” while adjusting my priors to account for the increased realism to come

https://x.com/nic__carter/status/1880992576213590182?s=46

https://meaningness.com/geeks-mops-sociopaths

the geeks mops sociopaths essay is the best frame to analyze what's coming.

Founder, designer, & product guy at /basepaint and /eigenlayer

. @neerajka did an interview with Vice years ago where they asked: "seriously, you think people are going to use blockchains with cryptographic keys that they manage themselves?" and his reply as basically: "most won't, some will, and the _option_ to the latter is what we're fighting for."

I think this is the mental shift I'm going to have to make.